October 10, 2016/Reuters South Africa’s MTN has appointed a new regulatory affairs chief, a spokesman said on Monday, after a large fine in Nigeria dragged Africa’s biggest mobile operator by users to its first-ever half-yearly loss. The firm, which had been fined $1 billion by Nigeria for missing a deadline […]
Business News
Dangote Cement Factory in Ethiopia Razed
… Eritrea Blamed October 10, 2016/huhuonline.com Ethiopia has accused elements in Eritrea and other countries of fanning the crisis in the country that culminated in the burning of factories owned by Nigeria’s Aliko Dangote and other foreign investors. In a statement today, Ethiopia accused elements in Eritrea, Egypt and other […]
Insurance Resourcery Completes Acquisition of 75% Equity Stake In GNI Plc
October 7, 2016/NSE On 21 September 2016, 2,870,614,035 (Two Billion, Eight Hundred and Seventy Million, Six Hundred and Fourteen Thousand and Thirty-Five) units representing 75% equity shareholding of Great Nigeria Insurance Plc were crossed through the negotiated cross deal window of the Nigerian Stock Exchange to Insurance Resourcery Consultancy Services […]
